Apex court had stated that the RBI is supposed to uphold public interest and not the interest of individual banks.
23 May 2017 2:39 PM
Only two weeks ago, government gave central bank greater power to tame bad loans.
23 May 2017 10:44 AM
Framework would include creation of a separate cell to identify issues pertaining to NPAs.
22 May 2017 3:28 PM
RBI made substantial changes in the norms and also warned banks of monetary penalty for missing NPA resolution timelines.
06 May 2017 12:50 PM
RBI to issue directions to any banking company to initiate insolvency resolution process in respect of a default.
05 May 2017 5:53 PM
With sweeping powers, central bank can now give ditections to banks to resolve huge bad loans issue.
05 May 2017 3:10 PM
Ordinance will give greater powers to the Reserve Bank of India to tackle mounting bad loans
05 May 2017 10:06 AM
Amendment will empower the RBI to issue direction to banks to recover non-performing assets (NPAs) from loan defaulters.
04 May 2017 10:58 AM
Total income in the reported quarter increased marginally to Rs 4,601.89 crore against Rs 4,522.73 crore.
25 Apr 2017 5:04 PM
Patel said that divestment in public sector banks would have a positive role for the sector.
25 Apr 2017 3:22 PM
These trends would also reduce slippages to NPAs in the banking sector in fiscal 2018.
04 Apr 2017 12:15 AM
Gross NPAs of public sector banks have risen from Rs 5.02 lakh crore at the end of March 2016.
02 Apr 2017 12:09 PM
Govt has revised performance indicators for banks which are basically built on improving efficiency and capital utilisation.
02 Dec 2016 4:34 PM